$XRP Based on the provided analysis, a possible pause or pullback in the price of XRP/USDT is anticipated in the short term. This is due to the current conditions suggesting that the price has risen rapidly and may need a temporary correction.
However, in the medium term, the overall outlook remains positive, as long as the price remains above certain key support levels and trading continues to show interest that supports the upward movement.
To manage risk, it is recommended to establish a stop-loss level around $2.100. Regarding profit-taking, two levels are suggested: an initial one at the recent high of $2.27 and a second, more ambitious target around $2.35 if the bullish trend gains momentum. It is crucial to adjust these strategies according to price evolution and real-time market conditions.
